Sunday, April 28, 2024
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Iifl Securities

The IPO, with a price band of Rs 415-436 a share, would open for public subscription from April 3, and the proceeds from the fresh issue would be used towards debt payment, funding working capital requirements and general corporate purposes

In FY22 transaction fees charged by Smallcase to brokers made up 33.5 per cent of its total collection, increasing twofold to Rs 9.76 crore

The category meant for qualified institutional buyers (QIBs) was fully subscribed, while the portion for retail individual investors (RIIs) received 74 per cent subscription

The RIIs subscribed 26 per cent of their quota while the QIBs subscribed 91 per cent and non-institutional investors subscribed only one per cent